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⚡️JUST IN: 🇺🇸 Senator Cynthia #Lummis says her crypto tax bill would "put an end to the unfair tax practices and level the playing field for digital assets." #CynthiaLummis
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Top 15 stable coins ....
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🥇 Top Crypto Gainers & Losers: Friday, July 11 📈 Top Gainers: Omni Network (OMNI) +153.4% Infinity Ground (AIN) +72.0% International Meme Fund (IMF) +66.1% 📉 Top Losers: MORI COIN (MORI) -24.2% Altcoin (ALT) -21.2% Hosico Cat (HOSICO) -19.9%
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Ethereum Foundation Offloads 10,000 ETH: Here's the Bullish Twist You Might Have Missed! 👀 Recent reports show the Ethereum Foundation selling 10,000 ETH, stirring initial whispers. But dig a little deeper, and the picture becomes much more bullish! This significant amount of ETH wasn't just "dumped" on the open market. Instead, it was a strategic over-the-counter (OTC) sale to SharpLink Gaming, a publicly traded company now making Ethereum its primary treasury reserve asset! 🤯 This isn't just about funding operations; it's a massive vote of confidence from a traditional company integrating ETH into its long-term financial strategy. SharpLink's Chairman, Joseph Lubin (also an Ethereum co-founder), emphasized this isn't a trade, but a commitment to staking and restaking ETH, further supporting network decentralization and reducing circulating supply. This move signifies: Growing Institutional Adoption: More traditional companies are looking at ETH beyond just speculation. Strategic Treasury Management: Companies are actively using ETH as a core asset, akin to what we've seen with Bitcoin. Decentralization Support: Staking commitments bolster the network's security and stability. What are your thoughts on this strategic maneuver and the growing institutional interest in Ethereum? Let us know below! 👇 #ETH #SharpLinkGaming #InstitutionalAdoption #DeFi $ETH
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